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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AllansAlias who wrote (5954)7/26/2000 12:48:17 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
i have a feeling that bank take-over was driven by a need to ensure survival...Bank Austria recently had to write off $100m. in US loans, with more to follow. that's a lot for this small bank.

it also shows that the weak credits in the US market are failing left and right....
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